There are two general categories of credit-
A) introductory and on-going.
B) fixed and variable.
C) direct and indirect.
D) consumer and trade.

Name: There are two general categories of credit- A) introductory and on-going. B) fixed and variable. C) direct and indirect. D) consumer and trade.
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Question

Quizplus · Accepted Answer

Consumer credit is extended to individuals for personal use, while trade credit is extended to businesses for commercial purposes.

There Are Two General Categories of Credit-